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168 India St
Brooklyn, NY 11222
Multifamily Property For Sale
·
16 Units
Executive Summary
81% FREE-MARKET MULTIFAMILY BUILDING
168 India Street is a renovated ~8,700 SF multifamily
property strategically positioned on the south side
of India Street, between Manhattan Avenue and
McGuinness Boulevard in prime Greenpoint. The building
features 16 residential units, 13 of which are free market
(81%), offering stable income with long-term upside
driven by Williamsburg and Greenpoint’s strong free
market fundamentals. The efficient unit mix includes 2
studios, 13 one-bedrooms, and 1 two-bedroom—ideal
for the young professionals and couples who define
Greenpoint’s thriving rental market.
UNBEATABLE GREENPOINT LOCATION
Just half a block from the Train entrance on Manhattan
Avenue, 168 India Street delivers exceptional transit access
that today’s renters demand. The nearby Greenpoint Ferry
provides an additional seamless connection to Midtown
Manhattan, while McGuinness Boulevard to the east offers
direct access to the Queens Midtown Tunnel for those
traveling by car. This connectivity positions the property at
the center of one of Brooklyn’s most desirable and fastest
growing neighborhoods.
STRONG RESIDENTIAL FUNDAMENTALS
The property’s 13 free-market units provide stable cash
flow with significant long-term appreciation potential as
Williamsburg and Greenpoint continue to demonstrate
some of the strongest residential fundamentals in New
York City. The building also includes a basement and
roof that present potential for amenitization, adding
further value and appeal to prospective tenants.
Greenpoint’s combination of the flourishing Manhattan
Avenue retail corridor, superior Manhattan access,
walkability, dining, and nightlife has made it a top choice
for young professionals seeking efficient, well-located
apartments—precisely what 168 India Street delivers.
168 India Street is a renovated ~8,700 SF multifamily
property strategically positioned on the south side
of India Street, between Manhattan Avenue and
McGuinness Boulevard in prime Greenpoint. The building
features 16 residential units, 13 of which are free market
(81%), offering stable income with long-term upside
driven by Williamsburg and Greenpoint’s strong free
market fundamentals. The efficient unit mix includes 2
studios, 13 one-bedrooms, and 1 two-bedroom—ideal
for the young professionals and couples who define
Greenpoint’s thriving rental market.
UNBEATABLE GREENPOINT LOCATION
Just half a block from the Train entrance on Manhattan
Avenue, 168 India Street delivers exceptional transit access
that today’s renters demand. The nearby Greenpoint Ferry
provides an additional seamless connection to Midtown
Manhattan, while McGuinness Boulevard to the east offers
direct access to the Queens Midtown Tunnel for those
traveling by car. This connectivity positions the property at
the center of one of Brooklyn’s most desirable and fastest
growing neighborhoods.
STRONG RESIDENTIAL FUNDAMENTALS
The property’s 13 free-market units provide stable cash
flow with significant long-term appreciation potential as
Williamsburg and Greenpoint continue to demonstrate
some of the strongest residential fundamentals in New
York City. The building also includes a basement and
roof that present potential for amenitization, adding
further value and appeal to prospective tenants.
Greenpoint’s combination of the flourishing Manhattan
Avenue retail corridor, superior Manhattan access,
walkability, dining, and nightlife has made it a top choice
for young professionals seeking efficient, well-located
apartments—precisely what 168 India Street delivers.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 16 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 6,880 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1930 |
| Zoning | R6 - R6 is a medium-density residential zoning district. | ||
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,880 SF |
| No. Stories | 4 |
| Year Built | 1930 |
| Zoning | R6 - R6 is a medium-density residential zoning district. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | - | - |
Property Taxes
| Parcel Number | 02541-0020 | Improvements Assessment | $835,200 |
| Land Assessment | $8,550 | Total Assessment | $843,750 |
Property Taxes
Parcel Number
02541-0020
Land Assessment
$8,550
Improvements Assessment
$835,200
Total Assessment
$843,750
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